Cronos Chain Updates | Receives License Approval From MAS | June Week 4

There are usually interesting weekly updates happening in the Cronos Chain ecosystem. Therefore, Altcoin Buzz covers the updates from the fourth week in June to keep readers informed.

In this week’s update, Zapper partners Cronos Chain. Additionally, receives in-principle approval for a license application.

1 – Zapper Partners Cronos Chain

On the 24th of June, Zapper announced its integration with Cronos Chain. Zapper is a platform that connects and makes different blockchains available on its platform. Both platforms plan to also make it possible for several Cronos chain protocols to integrate via Zapper Studios.

This development also means Cronos Chain users can monitor their assets across permitted protocols from one place.

2 – SafePal Crypto Wallet Now Backs Cronos Chain

On the 27th of June, SafePal crypto wallet announced that its hardware and software wallets will be supporting Cronos Chain. Therefore, users can now keep their dApps and assets with the SafePal crypto wallet.

Besides, it’s important to note that the SafePal crypto wallet is an application that is decentralized, easy-to-use, secure, and free for users to be able to monitor over up to 10,000 digital assets.

3 – Receives Major License from MAS

Finally, has received an “in-principle approval” from Singapore’s MAS (Monetary Authority of Singapore). This approval is for a Major Payment Institution License application.

Therefore, it means will be able to provide payment services that are available in the Payment Services Act. This includes providing DPT (Digital Payment Token) services in Singapore.

$CRO Coin Price Outlook

As of the time of publication, Cronos price is $0.119400 with a 24-hour trading volume of $23,512,152. CRO price also dropped by 3.2% over the last 24 hours. Besides, it has a circulating supply of 25.2 billion CRO coins and a total supply of 30.2 billion.

We hope you’ve enjoyed the this week’s updates.

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